JTsdaddy

crown jewlers worth it ????

Recommended Posts

I have been reading a lot of the threads... Is crown jewlers worth it ??

Some say yes.. some say NO..

I just wanna get a score boost

I got my 2,500 CL.. And made a purchase... Do I want to Pay it off on the next billing cycle or make a few monthly payments.. then pay off

Link to post
Share on other sites

Crown Jewelers was one of the first lines of credit that I got when I was first starting this process. Every little bit helps, especially an account like this. I ordered a pair of earrings I liked. I did not spend much on them at all. This was about a year ago and I have never ordered anything else from them. This line is still reporting as good credit with a $0 balance. I think it is worth it.

Link to post
Share on other sites
I got my 2,500 CL..

made a purchase... Do I want to Pay it off on the next billing cycle or make a few monthly payments.. then pay off

PAY IT OFF!!!!!!!!!!

Then wait a good couple of months for it to show up on EX and TU. Don't even wait until the next billing cycle, pay it now!

The TL is only used to offset the TLs you will be utilizing....why be short a couple of bucks if you don't have to.

You only have to look at my current FICOs to see that I have an idea of what I'm talking about....my scores when I started in 11/07 were 614, 577 and 621 (TU, EQ and EX).

Link to post
Share on other sites
PAY IT OFF!!!!!!!!!!

Then wait a good couple of months for it to show up on EX and TU. Don't even wait until the next billing cycle, pay it now!

The TL is only used to offset the TLs you will be utilizing....why be short a couple of bucks if you don't have to.

You only have to look at my current FICOs to see that I have an idea of what I'm talking about....my scores when I started in 11/07 were 614, 577 and 621 (TU, EQ and EX).

Though Crown Jewlers has never helped my EQ directly....... :)
Link to post
Share on other sites
I hope I ordered in time for them to report.. Yesterday..

hope it shows in a few days and boosts my score

If what Will and Leslie are saying is correct, you SHOULD be reporting by the first week of September on EX....and then about one week on TU. Based on my experiences, and I would have to go all the way back to the master CJ thread as I believe I posted both when I applied and when I got it, it took about 2 months.

They report for everybody on the 1st of every month.

Link to post
Share on other sites
FYI...I'm pretty sure the trifecta reports around the 20th of the month. I signed up I think on the 18th, and they were reporting to TU by the 22nd or 23rd. Took a few days longer for the others.

If that's true, then September is going to be a good month for util. I'm at 3%-4% total utilization right now. I'll let you know. Thanks.

Link to post
Share on other sites
CJ finally reported to EX and I got a 25 point jump over night.. I about fell over..

I paid my balance off.. should I charge agian or just leave it alone.. I dont need or want anything Except better TL

Do nothing. Just let the TL marinate for 6-9 months. Then buy, charge and pay. I had the TL for two months before I was able to get the HSBC rebuilder product (and that was with a $1500 TL).

Link to post
Share on other sites
Do nothing. Just let the TL marinate for 6-9 months. Then buy, charge and pay. I had the TL for two months before I was able to get the HSBC rebuilder product (and that was with a $1500 TL).

6-9 Months REALLY ???

How does it help ?? not using it I mean

Link to post
Share on other sites
6-9 Months REALLY ???

How does it help ?? not using it I mean

You're not really using it for usage, you want it to help maintain the utilization on your other accounts. Also, the fact that it will age helps your CRs even more. History on an account that's 4 digits does good for YOU in the long run. CJ by itself is not a magic bullet that will give you real TLs.

There is no sense in giving those CJ folks anymore money than you have to. Trust me, I couldn't even get a rebuilder before I had CJ on my reports. Between them and Macys, I was able to rebuild to get the TLs you see before you. CJ helped, no question, but not by me spending oodles of cash for litteral crap, but by the positive history CJ provides every month.

The reason you have to buy every 6-9 months (or whenever you get the threatening email) is so that CJ does not close your account and getting rid of the TLs from EX and TU (that would kill my FICO right now if I lose that history).

Link to post
Share on other sites
Yeah the stuf is pretty crappy..

Is macys the same as CJ easy to get..

If you owe them money, then no.

If you ever owed them money but paid them back, then yes.

Otherwise if your credit is in the minimum high 500s/low600s, then yes (as was my case). If that is the case, be prepared for $100 CL for 3 months. Every three months you will have to call them and ask for an GLI. It can be anywhere from another $100 to a few hundred. My last GLI was $500 more, bringing me to $800. If your credit is decent/good, you will obviously start at a nicer CL.

Their Visa from what I read here and other places (fico forums) seems to be very difficult to get. But the store card is pretty easy if you have not burned them in the past. They have a very long memory.

Plus, I like shopping there mostly for clothes and household items. Prices are fair and the quality is great. I am already at platinum status, so I'm hoping that my CL matches Bloomingdales (which I hardly ever use though I should before I ask for another GLI...).

Link to post
Share on other sites
Guest
This topic is now closed to further replies.